(YLD) Principal Active High Yield - Overview
Etf: Below-Grade Bonds, Bank Loans, Treasury Notes, Preferred Shares
Dividends
| Dividend Yield | 7.89% |
| Yield on Cost 5y | 9.47% |
| Yield CAGR 5y | 1.18% |
| Payout Consistency | 96.7% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 4.70% |
| Relative Tail Risk | -0.04% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.42 |
| Alpha | -0.80 |
| Character TTM | |
|---|---|
| Beta | 0.268 |
| Beta Downside | 0.288 |
| Drawdowns 3y | |
|---|---|
| Max DD | 5.62% |
| CAGR/Max DD | 1.62 |
Description: YLD Principal Active High Yield December 30, 2025
The Principal Active High Yield ETF (NYSE ARCA: YLD) is an actively managed fund that allocates at least 80% of its net assets-and any investment-grade borrowings-to below-investment-grade (high-yield) fixed-income securities, including corporate bonds and bank loans. It also holds a modest portion of U.S. Treasury securities, investment-grade floating-rate loans, and preferred securities to manage liquidity and interest-rate exposure.
Key identifiers: Ticker YLD; ETF type; U.S.-based; Category High Yield Bond.
Additional context (as of Q3 2024): YLD’s expense ratio is 0.40%, modest for an active high-yield strategy; its weighted-average duration sits around 4 years, making it moderately sensitive to rate changes; and its trailing 12-month yield hovers near 7.2%, reflecting the elevated credit spreads that typically accompany a tightening labor market and slower GDP growth. The fund’s performance is closely tied to the health of the corporate credit cycle and the Federal Reserve’s policy stance on short-term rates.
For a deeper quantitative breakdown, you might explore ValueRay’s analytics platform for granular risk and return metrics.
What is the price of YLD shares?
Over the past week, the price has changed by +0.37%, over one month by +0.95%, over three months by +1.95% and over the past year by +6.44%.
Is YLD a buy, sell or hold?
What are the forecasts/targets for the YLD price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 21.9 | 14.2% |
YLD Fundamental Data Overview February 03, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 463.5m USD (463.5m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 463.5m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 463.5m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 6.90% (E(463.5m)/V(463.5m) * Re(6.90%) + (debt-free company))
Discount Rate = 6.90% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)